Accountants That Work With You in Mind

Bookkeeping Services

It is important to maintain good accountancy records whether you have just started your own business or have been trading for years. Your accounting records (whether electronic or manual) are what key management information is based upon allowing you to make the right decision about your business in a timely manner.

We can provide all your bookkeeping needs which will include sales and purchase ledger processing, invoicing, preparation and filing of online VAT returns adhering to HMRC’s Making Tax Digital requirements, bank reconciliations, trial balances, aged debtor and creditor reports, profit and loss reports as well as other monthly management reports.

Annual Accounts

All businesses are required to prepare annual accounts and if deadlines are not met you could be liable for significant penalties. There is a need to produce accounts for a variety of organisations including:

  • Companies House
  • HMRC
  • Lenders
  • Potential Purchasers

We can prepare your year end statutory accounts which will enable you to devote more time to your business and help you identify potential tax liabilities, plan cash flow and manage working capital for the future.

Management Accounts

In addition to the preparation of annual accounts, we can assist with the preparation of regular management accounts. These provide up to date information on profitability and margins, and serve as an important tool in the operational control of the business which allows corrective actions to be taken where necessary.

Management accounts can also be submitted to banks, lenders and even credit rating agencies to improve the overall status of the business and are extremely useful in establishing and maintaining business confidence, and possibly more favourable credit terms.

Dormant Accounts

All limited companies, whether they trade or not, must deliver accounts to Companies House. However, a company is dormant if it has had no ‘significant accounting transactions’ during the accounting period.

If your company falls into this bracket, Any Accounting can file your Dormant accounts for you.

Cash Flow Forecasts and Budgets

As part of a business plan, we can also help you prepare and monitor your cash flow and budgets, compare actual performance with your budget and interpret what variances mean for your business.

We can then advise on strategies to improve your profitability.

Cloud Accounting

‘Cloud’ accounting software, is increasingly replacing PC based accounting packages allowing you to realise a range of benefits to your business. Furthermore the government’s proposal to require small businesses to file quarterly digital accounts from 2018 will, in all likelihood, require businesses to operate a cloud like accountancy system that has the ability to upload data to HMRC.

Making the move to a cloud based accountancy package sooner rather than later could help manage the transition and ensure that the government proposals don’t cause unwanted disruption in the future.

We have a great deal of experience in cloud accounting and can help you pick the right package, assist in setting up the system and assist you with ad hoc queries throughout the year. We are familiar with the various cloud offerings and have particular expertise with leading providers Sage and Xero. We provide our services to businesses and individuals in Buckshaw Village, Leyland, Chorley, Preston, Penwortham, Bamber Bridge, Lostock Hall and the surrounding areas.